
Cheap Apartments for Rent in Leonardo, NJ from $1,000 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Leonardo.


The Place at Middletown Walk

McGuire's Grove

Oceanport Gardens

240 LB Elmwood

Keyport Harbor Apartment Homes
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KNOLLWOOD GARDENS/ NO PETS ALLOWED

Pleasure Bay

Buena Vista

Cove on the Bay

Country Club Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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River Street Commons - 55+ Community

273 Port Monmouth Rd

Bay Village - Hennessey Boulevard
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Leonardo, NJ Local Guide

How much does it cost to rent an apartment in Leonardo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leonardo Studio Apartments | $1,724 | $1,625 | $1,919 |
| Leonardo 1 Bedroom Apartments | $2,230 | $1,075 | $4,050 |
| Leonardo 2 Bedroom Apartments | $3,064 | $1,291 | $6,500 |
| Leonardo 3 Bedroom Apartments | $2,674 | $1,941 | $3,295 |
Browse Top Apartments in Leonardo
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Leonardo, NJ Local Guide
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Cheapest Available Leonardo Apartments for Rent and Nearby
 The cheapest available apartment rental in Leonardo, NJ is a 1 Bed unit found at The Place at Middletown Walk in the Aberdeen Hazlet Middletown neighborhood priced from $1,398. McGuire's Grove in the Aberdeen Hazlet Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Leonardo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Middletown Walk | One Bedroom | 1BR,1BA | $1,398 |
| McGuire's Grove | 1 Bedroom Apartments - $1450-$1500 | 1BR,1BA | $1,450 |
| Oceanport Gardens | 1 BD / 1 BA | 1BR,1BA | $1,539 |
| 240 LB Elmwood | 0BR/1.0BA | Studio,1BA | $1,625 |
| KNOLLWOOD GARDENS/ NO PETS ALLOWED | 1 BEDRM FIRST FLOOR | 1BR,1BA | $1,725 |
Best Value Apartments for Rent in Leonardo, NJ and Nearby
As of December 14, 2025 the best value apartment in the Leonardo area is the $2.59 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,150. The second greatest value Leonardo apartment is the Penthouse Duplex Model at Cove on the Bay starting at $3,700 with a $2.56 price per square foot in the Aberdeen Hazlet Middletown neighborhood. Here is today’s list of the best values for Leonardo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Forum | 2 Bed, 2 Bth | 2BR,2BA | $2.59 |
| Cove on the Bay | Penthouse Duplex | 2BR,2BA | $2.56 |
| The Apartments at Aberdeen Station | B3 | 2BR,2BA | $2.50 |
| McGuire's Grove | 1 Bedroom Apartments - $1450-$1500 | 1BR,1BA | $1.38 |
| Key Grove Farms | Spacious 2 Bedroom | 2BR,1BA | $2.67 |
| Garrison Apartments | One Bedroom | 1BR,1BA | $2.70 |
| KNOLLWOOD GARDENS/ NO PETS ALLOWED | I BEDRM SECOND FLOOR | 1BR,1BA | $2.59 |
| Southbrook Gardens | 1 Bedroom | 1BR,1BA | $2.69 |
| The Place at Middletown Walk | One Bedroom | 1BR,1BA | $1.97 |
| Oceanport Gardens | 1 BD / 1 BA | 1BR,1BA | $2.57 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Leonardo, NJ Rentals by Map
See the most popular apartments and homes in Leonardo, NJ
Getting Around Leonardo, NJ
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Leonardo Apartments
What is the Cheapest Studio apartment in Leonardo?
Currently the most affordable Cheap Studio Apartment in Leonardo is at 240 LB Elmwood listed at $1,625.
How much is rent for a Cheap One Bedroom Leonardo Apartment?
The lowest price for a Cheap One Bedroom Leonardo Apartment is $1,398 at The Place at Middletown Walk.
What is the lowest price for a Cheap Two Bedroom Leonardo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leonardo is starting from $1,679 at The Place at Middletown Walk.
What is the most affordable Leonardo Three Bedroom Apartment?
The best deal on a cheap Leonardo Three Bedroom Apartment rental is at The Place at Middletown Walk and starts from $1,941.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



